nonprofit logo

Tri-State Educational Foundation

Tri-State Educational Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 640899593 ✦ Iuka, MS ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Tri-State Educational Foundation?

The Tri-State Educational Foundation, situated in IUKA, Mississippi, serves as a nonprofit organization with a mission to promote education. They accomplish this goal by offering financial aid in the form of scholarships and grants to eligible applicants. With a dedicated team of 17 individuals, the foundation is committed to advancing educational opportunities and fostering learning in their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%

The Tri-State Educational Foundation has received a Three-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with an overall score of 82%. This rating is based solely on the Accountability & Finance score, which indicates that the organization effectively manages its finances and adheres to transparency standards.

One of the foundation's notable strengths includes having a fully independent board with 100% of its members meeting this criterion. Additionally, the board size is well-structured with five independent members, ensuring diverse and unbiased oversight. The organization has also demonstrated excellent financial health, with a low liabilities to assets ratio and a high program expense ratio, indicating a strong commitment to its mission.

While the foundation's score is commendable, it primarily reflects financial accountability without assessing other aspects such as program impact or community feedback. This focus on financial metrics may limit a comprehensive understanding of the organization's overall effectiveness and outreach efforts. Nonetheless, the Tri-State Educational Foundation showcases a solid framework for governance and financial integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Tri-State Educational Foundation legitimate?

Tri-State Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-State Educational Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,001

For more financial information, click here

What is the mission statement of Tri-State Educational Foundation?

The Tri-State Educational Foundation's mission is centered around providing financial aid in the form of scholarships and grants to eligible applicants, thereby fostering educational opportunities. The foundation's primary objective is to support individuals seeking higher education or engaging in educational projects, thereby contributing to the broader educational landscape. The foundation's activities are geared towards empowering individuals, promoting learning, and fostering knowledge acquisition.

Who is the CEO of Tri-State Educational Foundation?

Bob Ferguson is the President of Tri-State Educational Foundation.

What is the revenue of Tri-State Educational Foundation?

Tri-State Educational Foundation's revenue in 2022 was $1,831,836.

Who are the executives of Tri-State Educational Foundation and what are their salaries?

The average compensation at Tri-State Educational Foundation during 2022 was $4,071. There are 17 employees at Tri-State Educational Foundation.


Here are 5 key members and their salaries:


Bob Ferguson (President)
  • Compensation: $240
  • Related: $0
  • Other: $0
Sylvia Ferguson (Secretary/Tr)
  • Compensation: $240
  • Related: $0
  • Other: $0
Mary D Lambert (Director)
  • Compensation: $240
  • Related: $0
  • Other: $0
Sara Ellington (Director)
  • Compensation: $240
  • Related: $0
  • Other: $0
Nancy Brown (Director)
  • Compensation: $240
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tri-State Educational Foundation?

Tri-State Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tri-State Educational Foundation

The Tri-State Educational Foundation is committed to providing financial aid in the form of scholarships and grants to eligible applicants, thus fostering educational opportunities. This nonprofit organization's mission is centered around providing the necessary financial support to deserving individuals, thereby enabling them to pursue their academic goals and further their education. By offering these scholarships and grants, the Tri-State Educational Foundation plays a significant role in empowering individuals to pursue their academic aspirations, ultimately contributing to the betterment of society.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Tri-State Educational Foundation's impact lies in providing funding for educational scholarships and grants to qualified applicants. Through its support, students are able to pursue their educational goals and access opportunities that may have otherwise been out of reach. By investing in education, the foundation plays a crucial role in empowering individuals to reach their full potential and contribute positively to their communities and society as a whole.




This information is meant to be a general summary of Tri-State Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,831,836 (2022)
Expenses
$1,025,079 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,231
  • Gross Receipts: $9,650,965

Assets and Liabilities:

  • Total Assets: $2,371,826
  • Total Liabilities: $229,342
  • Net Assets: $2,142,484

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1997

Principal Officer

Bob Ferguson

Main Address

P O BOX 1083, IUKA, MS, 38852

NTEE Category

Code: B82 - Education

If you are a representative of Tri-State Educational Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.